There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

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Great for Students & Great Opportunities

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Teller in Tucson, AZ
Current Employee - Teller in Tucson, AZ

I have been working at Bank of America part-time (More than 3 years)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

Great tuition reimbursement, up to $5250 a year. Helped out a lot with my Bachelor's (must be business related). Great benefits for part time; great healthcare, 401k matching. I've been a teller through college for 4 years now and I graduate this December. I cannot think of a better job for a college student in business to get a feel for the corporate work, customer service, sales, and finance. You can really tie in your education with what you do and see at work

Cons

Many of the processes and systems need to be streamlined and more efficient. It would save a lot of time, effort, and money. Sometimes there is too much focus on small issues and not enough on the big picture.

Advice to Management

Genuinely consider feedback from employees who are face to face with customers everyday.

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  1. Corporate Audit group deficiency

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Corporate Audit in New York, NY
    Current Employee - Corporate Audit in New York, NY

    I have been working at Bank of America full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Exposure to many products, strategies and business controls gives associates incredible insight into the workings of a large and complex institution.

    Cons

    Corporate Audit has incredible turnover. Management demands 60+ hours per week. Compensation does not keep up with demand. In fact, Bonuses have been cut 10% year after year while demands increase. The philosophy of Corporate Audit is the associates family life comes second.

    Advice to Management

    Implement all aspects of the employee voice feedback. The same results have been the same year after year with no progress. Also, eliminate management that drives their group with threats and fear.


  2. Good name brand recoginition

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Loan Officer in Santa Rosa, CA
    Current Employee - Mortgage Loan Officer in Santa Rosa, CA

    I have been working at Bank of America full-time (Less than a year)

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Walk in traffic in the branches. High customer loyalty.

    Cons

    The LO has very little control of the file. Processing takes forever to close the loan. Sometimes the information guven to the Loan Officers by Management is not accurate.

    Advice to Management

    Make sure your bosses hear thenfeedback from the field.


There are newer employer reviews for Bank of America
There are newer employer reviews for Bank of America

See Most Recent

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